Helena

Helena C. sells clothing and fabric at the Elmina Market. Helena has received Junior High Education. She is married and has 3 children. Her husband is a businessman.

Helena has been selling cloth and fabric since 1998. She is responsible for the feeding of the family and the payment of their utility bills. Her loan will be used to add to her capital to increase the quantity of cloth and fabric in her store for sale. She hopes to use the new profits from her business to help her husband in the putting-up of the family house.

Additional Information

Important Information About CRAN

Please note that Kiva considers loans to this Field Partner, CRAN, to be particularly HIGH RISK. This organization has had very serious delinquency problems brought about by problems with its credit methodology, local environmental shocks including a depletion of local fisheries in its core area of operation (Cape Coast and the Central Province), and insufficient follow up with late clients. Lenders to this business should be aware that there is an increased risk of not getting repaid on this loan due to the challenges facing the Field Partner.

CRAN's creditors - including Kiva - have entered into a new Restructuring Agreement (For more information, please see CRAN's Field Partner profile: http://www.kiva.org/partners/91 ). Kiva will extend its ongoing policy of allowing CRAN to continue to raise funds on the Kiva website. New funds raised will be used to make repayments on older CRAN loans via Kiva’s standard net billing process.